Enterprises and individuals have been demanding for the best technologies for making secure payments over mobile phones and other devices. Mobile customers also want to safeguard sensitive data available on their devices.
Verity Technologies, a software services provider in the area of mobile and wireless computing in India, has launched SLIM, a biometric authentication device. SLIM offers personal mobile security and authentication solutions, would help businesses and individuals authenticate transactions using one device.
Verity’s technology makes the device interoperable with legacy platforms and existing technologies. It also addresses security concerns related to e-commerce, Web 2.0, telco 2.0 and near-field communication (NFC) mass-market adoption.
The new devices enables customers to secure point of sale transactions. Its authentication technology assists to ease the issue and management of passport, driving license and other identity cards.
The device would also efficiently manage individuals’ online identity in Web 2.0, social networking destinations and online shopping/trading.
The new device has the capability to accurately identify a person enacting a transaction, yet it is totally impersonal, non invasive and theft-proof itself, a media statement from Verity Technologies said.
The new technology from Verity, a company that has been credited with participating in the setting up of the data service vending mechanism at Indian mobile operator Reliance Communications (News
), has come at a time when the Indian mobile users are looking for more services from telecom operators.
The new device would assist the rural population, which is a target for main telecom service providers currently. This device could serve as a cyber identity for the rural masses and at one stroke facilitate large-scale implementation of social projects, Verity Technology said.
“Keeping pace with these changes, we have developed products that are uniquely positioned to harness the power of mobile medium to deliver customer value around entertainment and financial services,” said Anuradha Bansal, CEO, Verity Technologies, in a statement.
“The technology was initially developed to deter casual theft of mobile handsets but subsequently upgraded to be the de-facto device for mobile personal authentication. With SLIM technology it would be possible to authenticate all transactions with just one device,” said Phil Steeples, director of Technology, Verity Technologies, in a statement.
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Rajani Baburajan is a contributing editor for TMCnet. To read more of Rajani's articles, please visit her columnist page.
Edited by Mae Kowalke